but u need to compare with last Q as well coz construction not cyclical industry

guess good or bad result ?

anyone know the offer price for the splash ?

1 article expecting MRCB to reap 203mil profit in 4-5 years assuming a 50:50 jv, which means that eacch year 40-50mil additional profit on top of existing profit. Same goes to GKENT.

GKent annual profit around 30mil +-, wif additional 40mil will become RM60-70mil (to be conservative), total share issue of 500mil, meaning projected EPS will be RM0.20, ROE will be 18-20%, Gkent is a net cash company right now.

Using PE 8 for EPS RM0.20 (due to weak market), Gkent worth at least RM1.60 !

During bull market then yes 2.00 no problem, but now market doesnt look good, so i lower my TP to 1.6-1.7

Congrats and Thank you OTB

I only aim RM1.60 enuf

Gkent profit per year estimated around RM60-70mil after awarded this project. EPS will be 20c and ROE will be around 19-20% !, using PE 10 Gkent worth RM2. give some discount, still can target 1.6-1.7

i subscribe theedge SMS n i got that SMS just now

check theedge

4/9 Govt picked MRCB - George Kent as delivery partner for RM9b light rail transit 3 linking Bandar Utama to Shah Alam and Klang/STAR

should take 50% profit to protect ur capital just incase the project goes to other company.

Time to TP ? 1.30 oredi :D

eric988, no doubt that Frontkn earning was very good due to semi con boom and also frontkn malaysia making good profit from the big oil n gas project awarded on september 2013. However once the project completed, those who has been doing a detail study about this co should know that the earning will start to drop a lot becoz frontkn malaysia alone contribute 4-5mil net, without that project it will not be possible.

According to an article at theedgeweekly today, LRT line 3 to be awarded latest by this month end and MRCB-GKENT consortium likely to be appointed as the PDP.

I have asked many to buy when it was 0.155 when the earning start improving and i did mentioned the target price is RM0.30 and it did happened.

Tommyboy, frontkn did hit above 0.30 before.

Frontkn may go below RM0.20 but drop to RM0.10, u must be kidding.

With such hige ROE, high ROA, very high net profit margin, cheaper raw material and very strong balance sheet.

Using PE 13, it should worth at least RM0.40 and above in 3 months timeframe

my avg 0.27, top 10 shareholder :)

0.55-0.60 only if next Q result is extremely god.

SO optimistic? RM0.40 by today is very very difficult, i give 1 month for leesk to reach RM0.40

Getting nearer to RM0.40.

cabinet reshuffle, jibby stays ! Gkent fly ?

my target price remain around 0.4x, will adjust after the next Q result release

0.4x in next few months :D

Most of sendai projects from oversea, thats why it will definitel benefit from strong USD.

we shall see leesk at 0.4x this year ?

where is 'Jolin Lai Chi Pet.' ? Today LCTH close 0.63 and 'Jolin Lai Chi Pet.' now hiding in cave

later says will be postponed again ? since this drama has been playing for so many times, cant trust them anymore

LCTH not rubbish stock but Jolin Lai Chi Pet definitely a rubbish

Closed at 0.50 today :) What a joke, Jolin Lai Chi Pet.

sly2612, why u say so ?

how is the result ?

Eric29, which one u believe ? good or bad?

谢谢提醒

怎样下去， 就怎样上回来

latest PE 1.65c, such earning should be sustainable in 2015 due to strong USD , cheap rubber price and semi conducto still doing well. This should bode well for LCTH. Using 1.65c per Q, FY15 EPS could be 6.6c, PE will drop below 10 base on current price.

indeed. 2015 will be even more promising

My near term target price around RM0.60, waiting next quarter result to adjust the target price.

And Geshen latest quarter result improvement was due to disposal of subsidiary while profit from LCTH was due to better margin and lower cost.

I tot LCTH worth RM0.36 only ? why is it trading at RM0.5x level now ? Why so many ppl stupid go buy beyond RM0.36 ? No dividend despite of strong cash level ... why ?

lol

Good news,

"Hi, Dear MH Chai,

First of all, thank you very much for your support to the company.

For your information, we shifted to and occupied and operating in the new factory end of September 2014."

No wonder 4th Q profit margin improve quite a lot

For a growing company, cash should be used for factory expansion instead of distribute to the shareholder. 2014 earning report shows that company spent 24mil in plant, equipment and 2015 should start seeing the ROI

It is still way cheaper when compare to Geshen which is exactly same sector. It is overvalued base on latest earning but with bright future due to strong USD (mainly export), new factory to commence operation this year, strong Semi Con which means more plastic component needed (LCTH client like HP, IBM, Bose, Dyson etc), Lower latexx means lower material cost. Lets c if coming quarter result shows even further improvement.

waiting to buy at RM0.36 :-p

i see, thank you nemesis

nemesis, how much it should worth ?

Finally hit my 1st TP 0.25 in 3 months time. Waiting next TP 0.30. Will start selling starting from 0.25 and above. Good luck

i give it 0.25-0.30 base on my FA.